2025-02-28-accounts

STOS THEATRE COMPANY

Registered Charity No : 1193006

TRUSTEES ANNUAL REPORT AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 28th FEBRUARY 2025

STOS THEATRE COMPANY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 28th FEBRUARY 2025

Registered Charity No : 1193006

Registered Office : 9 Roston Close, Dronfield Woodhouse, Derbyshire. S18 8RG

Trustees : The Trustees who served during the year and since the year end were:

Mark Harris – Chair Sally Badham – Vice Chair Jennifer Horsfield – Secretary (appointed 8 May 2024) Christine Minott – Finance Jill Beckett – Trustee Viv Siberry-Scott – Trustee Janet Sanders – Trustee Judy McMurray – Trustee Philip Brownhill - Trustee Charlotte Musgrove - Trustee

Key personnel:

Sarah Thorby – Health & Safety Representative – Co-opted

Our advisors:

Bankers Barclays Bank plc Independent Examiner Nicholas Paladina FCA Creative Tax Reliefs Image House Farm Sandy Lane Latham Ormskirk L40 5TU

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STOS THEATRE COMPANY

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 28th FEBRUARY 2025

Introduction

The Trustees of STOS Theatre Company present their report and the unaudited financial statements as a charitable incorporated organisation (CIO) for the year ended 28th February 2025.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charities constitution, and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

The CIO was registered with the Charities Commission 6[th] January 2021, having previously been an unincorporated society.

Objectives and activities

For the public benefit, to promote and advance education in the performing arts, in particular, but not exclusively by the study and performance of operas, operetta, musicals and other genres of theatre including play readings, concerts, excerpts and fully staged performances in Sheffield and its surrounding area.

STOS Theatre Company achieves is objectives primarily through the performance of musical theatre, and the furtherance of amateur theatre in and around the Sheffield area.

Achievements and performance

In the year in question STOS Theatre Company has rehearsed and performed ‘Crazy For you’ with critical and artistic success. The show was staged at the Lyceum Theatre, Sheffield from November 19[th] to 23[rd] . A total of 6 shows were performed with audiences that were less than the previous year (Barnum)

The cast numbered 30+ including new members taking part in the production.

The live orchestra consisted of a total of 15 musicians.

Backstage a further 40+ people were involved in supporting roles ranging from Stage Management to Make-up, Properties design and Management, Dance Captain to mention just a few. Many roles are required to achieve our level of standards and success.

Financial review

The charity shows a deficit of £22,198 in the year (2024: £9,817). At the year-end total funds amounted to £88,705 (2024: £110,903). The charity’s funds are wholly unrestricted but there is a designated fund within these (The Wilkinson Hope Fund) which amounted to £1,555 at the end of the financial year (2024: £1,555).

The charity operates on the basis that any given show should be cost neutral. That is to say that the tickets sales, which are the charity’s main source of income, should cover the cost of presenting the show. Any surplus that is generated will be reinvested into the organisation’s future activities. The Trustees aim to hold reserves at a level approximating to the full cost of a production to ensure that any unforeseen loss of income does not jeopardise the charity as a going concern. This year, we are

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STOS THEATRE COMPANY TRUSTEES’ ANNUAL REPORT (continued) FOR THE YEAR ENDED 28th FEBRUARY 2025

showing a deficit on funds due to numerous factors, those mainly including lower than anticipated ticket sales, due to the current financial climate and rising costs, whilst trying to maintain the highest of production standards with our amateur status. This is the second year in a row where losses have been incurred and the Trustees are highly aware of this issue, leading to a more appealing show title to be chosen for 2025/26 with the hope this will reach more of a cross section of theatre goers and entice them to attend our productions.

Structure, governance and management.

The charity is governed by a board of Trustees.

The Trustees meet on a monthly basis to plan and make decisions on behalf of the charity and operate within the terms of the STOS Theatre Company Foundation document.

Every Trustee is appointed for a term of two years by resolution passed at a properly convened meeting of the board. In selecting individuals for appointment as charity Trustees, the charity Trustees have regard to the skills, knowledge and experience needed for the effective administration of the charity.

On appointment, each new charity Trustee is provided with a copy of the charity’s constitution and a copy of the latest Trustees' Annual Report and statement of accounts.

Risk and Going concern.

The Trustees do not consider there to be any going concern issues at present. The board considers the risks to which the charity might be exposed, in terms of both underlying operations and for each production and considers that adequate systems are in place to minimise and mitigate exposure to them.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The charity Trustees are responsible for preparing a Trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the CIO and of the incoming resources and application of resources, of the CIO for that period. In preparing the financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the applicable Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in business.

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sros THEATRE COMPANY TRUSTEES. ANNUAL REPORT continued FOR THE YEAR ENDED 28th FEBRUARY 2025 The Trustees are responsible for keepin8 proper accounting records that disclose with reasonable accuiacy at any lime the financi31 position of the CIO and to enable them io ensure that the financial statements comply with the Charities Act 2011. the applicable Charitie5 (Accounts and Reports) Regulations, an(i the provisions of the trusl deed. They are also responsible for safeguarding the assets of the CIO and takin8 Teasonable steps for the preveniion and detection of fraud and other irfeEularities. The Trvstees are responsible for the maintenance and integrty of the CIO and financial Informatlon included on the CIO'S website in accordance with le8islation in the United Kingdom Eoverning the preparation and disseMinat￿n of financial statements. By order of the board of Trustees Chair of Trustees Mark Harri5 16 April 2025

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF STOS THEATRE COMPANY

I report on the accounts of STOS Theatre Company for the year ended 28 February 2025 which are set out on pages 6 to 21.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nicholas Paladina FCA

Independent Examiner Creative Tax Reliefs Ltd Image House Farm Sandy Lane Lathom Ormskirk L40 5TU

Dated: 23 April 2025

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	STOS Theatre Company	STOS Theatre Company	STOS Theatre Company	STOS Theatre Company	Charity No (if any)	1193006
	Annualaccountsforthe period
	Period start date		01/03/24	To	Period end date	28/02/25
Recommended categories by activity Guidance N Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds Section A Statement of financial activities
			£	£	£	£	£
Incoming resources (Note 3)			F01	F02	F03	F04	F05
Income and endowments from:
Donations and legacies		S01	-	-	-	-	-
Charitable activities		S02	61,140	-	-	61,140	89,249
Other trading activities		S03	1,968	-	-	1,968	2,372
Investments		S04	1,131	-		1,131	556
Separate material item of income		S05	23,361	-	-	23,361	16,589
Other		S06	-	-	-	-	-
Total		S07	87,600	-	-	87,600	108,766
Resources expended (Note 6)
Expenditure on:
Raising funds		S08	-	-	-	-	-
Charitable activities		S09	109,798	-	-	109,798	118,583
Separate material item of expense		S10	-	-	-	-	-
Other		S11	-	-	-	-	-
Total		S12	109,798	-	-	109,798	118,583
Net income/(expenditure) before investment gains/(losses)		S13	22,198 -	-	-	22,198 -	9,817 -
Netgains/(losses)on investments		S14	-	-	-	-	-
Net income/(expenditure)		S15	22,198 -	-	-	22,198 -	9,817 -
Extraordinary items		S16	-	-	-	-	-
Transfers between funds		S17	-	-	-	-	-
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use		S18	-	-	-	-	-
Othergains/(losses)		S19	-	-	-	-	-
Net movement in funds		S20	22,198 -	-	-	22,198 -	9,817 -
Reconciliation of funds:
Total funds brought forward		S21	110,903	-	-	110,903	120,720
Total funds carried forward		S22	88,705	-	-	88,705	110,903
1

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Section B Balance sheet Re3trtct•d incLMne lund$ un￿$triCIE￿ Jnd5 Endowment lund8 Totsl thls ear Total la$1 oar GLodJnce Flxed assets Intan ible assets Tan ibl• assèts Herita e a55ets F01 F02 F03 F04 FOS Note 15 Notè 14 Note 16 Investments Note 17 Yotal fix8d assets Current assets Stocks Note 18 Debtors Not• 19 Investments Note 17.4 Cash at bank and In hand Note 24 Total ¢urreni assets .74 745 810 111 443 Creditors: #mounts falling due withln one ear Note 20 540 540 540 Nel cunpnt asset liabilhles 812 Total assets less cuttent Ilabllitles BIJ Creditors: amounts falllng duè after one ear Notè 20 Pr¢vi$ion$ for liabrlitl*$ 15 Total net a55ets or liabili¢ies Funds of the Charit Ertdowmonl funds Note 27 903 B17 Restricted incomg funds ot• 27 B1B Unrvstrlctod funds B19 88.705 110903 Revaluation feJeTh• Total funds 88 705 SYJned by (>n¢ or tTust¢•s t)n bèhay of al tho I￿steeS Dale of approval ddlrnn Sonoture Print Name

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts
Note 1Basis ofpreparation
This section should be completed by all charities.
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s)to these accounts.
The accounts have beenprepared in accordance with:
• and with*	✓	the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
• and with*	✓	the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*					Yes
* -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support the conclusion that the charity is a going concern;				Not applicable
Disclosure of any uncertainties that make the going concern assumption doubtful;				Not applicable
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.				Not applicable
1.3 Change of accounting policy
The accounts present a true		and fair view and the accounting policies adopted are those outlined in note 2.2
Yes*	✓	* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts
Note 1Basis ofpreparation
This section should be completed by all charities.
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s)to these accounts.
The accounts have beenprepared in accordance with:
• and with*	✓	the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
• and with*	✓	the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*					Yes
* -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support the conclusion that the charity is a going concern;				Not applicable
Disclosure of any uncertainties that make the going concern assumption doubtful;				Not applicable
Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.				Not applicable
1.3 Change of accounting policy
The accounts present a true		and fair view and the accounting policies adopted are those outlined in note 2.2
Yes*	✓	* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and

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(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.	(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.	(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.	(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.	(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.
1.4 Changes to accounting estimates
No changes to accountingestimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes*	✓	* -Tick as appropriate
No*
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or more future periods.
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes*	✓	* -Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and
(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

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Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	(cont)
Note 2 Accounting policies
2.2 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a dif additional policy has been adopted then this is detailed in the box below.				ferent or
Recognition of income	These are included in the Statement of Financial Activities (SoFA) when:
	• the charity becomes entitled to the resources;
	·it is more likely than not that the trustees will receive the resources; and				Yes	No	N/a
	• the monetary value can be measured with sufficient reliability.				✓
Offsetting	There has been no offsetting of assets and liabilities, or income and expenses, unless requi permitted by theFRS102SORPor FRS102.			red or	Yes	No	N/a
					✓
Grants and donations	Grants and donations are only included in the SoFA when the general income recognition criteria aremet (5.10 to 5.12 FRS102SORP).				Yes	No	N/a
					✓
	In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurswhenthe performancerelated conditions aremet (5.16FRS102SORP).				Yes	No	N/a
							✓
Legacies	Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.				Yes	No	N/a
							✓
					Yes	No	N/a
Government grants	The charity has received government grants in the reporting period						✓
Tax reclaims on donations and gifts	Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.				Yes	No	N/a
							✓
Contractual income and performance related grants	This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.				Yes	No	N/a
							✓
Donated goods	Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.				Yes	No	N/a
							✓
	The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount ofthe stocks at distribution.				Yes	No	N/a
							✓
	Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceedsfromsale are alsorecognised as'Incomefromothertrading activities'.				Yes	No	N/a
							✓
	Goods donated for on-going use by the charity are recognised as tangible fixed assets and includedinthe SoFAasincomingresourceswhen receivable.				Yes	No	N/a
							✓
	Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.				Yes	No	N/a
							✓
Donated services and facilities	Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.				Yes	No	N/a
							✓
	Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.				Yes	No	N/a
							✓
Support costs	The charity has incurred expenditure on support costs.				Yes	No	N/a
					✓
Volunteer help	The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.				Yes	No	N/a
					✓
Income from interest, royalties and dividends	This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.				Yes	No	N/a
					✓
Income from membership subscriptions	Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies.				Yes	No	N/a
							✓
	Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.				Yes	No	N/a
					✓
Settlement of insurance claims	Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.				Yes	No	N/a
							✓
Investment gains and losses	This includes any realised or unrealised gains or losses on the sale of investments and any gainor lossresultingfrom revaluinginvestments tomarketvalue at the end ofthe year.				Yes	No	N/a
							✓
2.3 EXPENDITURE AND LIABILITIES
Liability recognition	Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.				Yes	No	N/a
					✓
Governance and support costs	Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.				Yes	No	N/a
					✓

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	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.	Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.		Yes	No	N/a
					✓
Grants with performance conditions	Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.				Yes	No	N/a
							✓
Grants payable without performance conditions	Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.				Yes	No	N/a
							✓
Redundancy cost	The charity made no redundancy payments during the reporting period.				Yes	No	N/a
							✓
Deferred income	No material item of deferred income has been included in the accounts.				Yes	No	N/a
							✓
Creditors	The charity has creditors which are measured at settlement amounts less any trade discounts				Yes	No	N/a
					✓
Provisions for liabilities	A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date				Yes	No	N/a
					✓
Basic financial instruments	The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102SORP.				Yes	No	N/a
							✓
2.4 ASSETS
Tangible fixed assets for use by charity	These are capitalised if they can be used for more than one year, and cost at least
	They are valued at cost.				Yes	No	N/a
							✓
	The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets	The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5				Yes	No	N/a
							✓
	They are valued at cost.				Yes	No	N/a
							✓
Heritage assets	The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4.				Yes	No	N/a
							✓
					Yes	No	N/a
	They are valued at cost.						✓
Investments	Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliablyin whichcaseitismeasured at costlessimpairment.						N/a
							✓
	Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments				Yes	No	N/a
							✓
Stocks and work in progress	Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.				Yes	No	N/a
							✓
	Goods or services provided as part of a charitable activity are measured at net realisable val based on the service potential provided by items of stock.			ue	Yes	No	N/a
							✓
	Work in progress is valued at cost less any foreseeable loss that is likely to occur on the con			tract.	Yes	No	N/a
							✓
Debtors	Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.				Yes	No	N/a
					✓
Current asset investments	The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as theyfall due.				Yes	No	N/a
							✓
					Yes	No	N/a
	They are valued at fair value except where they qualify as basic financial instruments.						✓
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

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Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)
Note 3	Analysis of income
	Analysis	Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Prioryear
					£	£
Donations and legacies:	Donations and gifts	-	-	-	-	-
	Gift Aid	-	-	-	-	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	-	-	-	-	-
Charitable activities:	Theatrical production	61,140	-	-	61,140	89,249
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	61,140	-	-	61,140	89,249
Other trading activities:	Programmes	1,968	-	-	1,968	2,372
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	1,968	-	-	1,968	2,372
Income from investments:	Interest income	1,131	-	-	1,131	556
	Dividend income	-	-	-	-	-
	Rental and leasing income	-	-	-	-	-
	Other	-	-	-	-	-
	Total	1,131	-	-	1,131	556
Separate	Theatre Tax Credit	23,361	-	-	23,361	16,589
material item		-	-	-	-	-
of income:		-	-	-	-	-
		-	-	-	-	-
	Total	23,361	-	-	23,361	16,589
Other:	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held for charity's own use	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual property rights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-
TOTAL INCOME		87,600	-	-	87,600	108,766

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Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)
Note 6 Analysis of expenditure
		Thisyear					Lastyear
Analysis		Unrestricted funds	Restricted income funds	Endowment funds	Total funds	Unrestricted funds	Restricted income funds	Endowment funds	Total funds
Expenditure on raising funds:					£				£
Incurred seeking donations		-	-	-	-	-	-	-	-
Incurred seeking legacies		-	-	-	-	-	-	-	-
Incurred seeking grants		-	-	-	-				-
Operating membership schemes and social lotteries		-	-	-	-				-
Staging fundraising events		-	-	-	-				-
Fudraising agents		-	-	-	-				-
Operating charity shops		-	-	-	-				-
Operating a trading company undertaking non-charitable trading activity		-	-	-	-				-
Advertising, marketing, direct mail and publicity		-	-	-	-	-	-	-	-
Start up costs incurred in generating new source of future income		-	-	-	-	-	-	-	-
Database development costs		-	-	-	-	-	-	-	-
Other trading activities		-	-	-	-				-
Investment management costs:		-	-	-	-				-
Portfolio management costs		-	-	-	-	-	-	-	-
Cost of obtaining investment advice		-	-	-	-	-	-	-	-
Investment administration costs		-	-	-	-	-	-	-	-
Intellectual property licencing costs		-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total expenditure on raising funds		-	-	-	-	-	-	-	-
Expenditure on charitable activities:
Theatricalproduction		109,798	-	-	109,798	118,583	-	-	118,583
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total expenditure on charitable activities		109,798	-	-	109,798	118,583	-	-	118,583
Separate material item of expense
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total		-	-	-	-	-	-	-	-
Other
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total other expenditure		-	-	-	-	-	-	-	-
TOTAL EXPENDITURE		109,798	-	-	109,798	118,583	-	-	118,583
Other information:
Analysis of expenditure on charitable activities
		This year					Last year
Activity or programme		Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	Activities undertaken directly	Grant funding of activities	Support Costs	Total last year
		£	£	£	£	£	£	£	£
Theatricalproduction		105,669	-	4,129	109,798	115,324	-	3,258	118,582
		-	-	-	-	-	-	-	-
		-	-	-	-	-	-	-	-
Total		105,669	-	4,129	109,798	115,324	-	3,258	118,582

13

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts
Note 9 Support Costs
Please complete this note if the charity has analysed its expenses using activity categories and has support costs.
This year
Support cost	Raising funds	Activity 1	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Governance	-	3,480	-	-	3,480
Postage and phones	-	43	-	-	43
Subscriptions	-	606	-	-	606
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	4,129	-	-	4,129
Last year
Support cost	Raising funds	Activity 1	Activity 2	Activity 3	Grand total	Basis of allocation
	£	£	£	£	£	(Describe method)
Governance	-	2,940	-	-	2,940
Postage and phones	-	63	-	-	63
Subscriptions	-	255	-	-	255
	-	-	-	-	-
Other	-	-	-	-	-
Total	-	3,258	-	-	3,258
Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.

14

Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts	Section C Notes to the accounts
Note 10 Details of certain items of expenditure
10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).
					This year	Last year
					£	£
Independent examiner’s fees					540	540
Assurance services other than audit or independent examination					-	-
Tax advisory fees					3,480	2,400
Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner					-	-

15

Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
	Amounts falling due within oneyear		Amounts falling due after more than oneyear
	Thisyear	Lastyear	Thisyear	Lastyear
	£	£	£	£
Accruals for grants payable	-	-	-	-
Bank loans and overdrafts	-	-	-	-
Trade creditors	-	-	-	-
Payments received on account for contracts or performance-related grants	-	-	-	-
Accruals and deferred income	540	540	-	-
Taxation and social security	-	-	-	-
Other creditors	-	-	-	-
Total	540	540	-	-
20.2 Deferred income
Please complete this note if the charity has deferred income.
	Thisyear		Lastyear
Please explain the reasons why income is deferred.
Movement in deferred income account			Thisyear	Lastyear
			£	£
Balance at the start of the reporting period			-	-
Amounts added in current period			-	-
Amounts released to income from previous periods			-	-
Balance at the end of the reporting period			-	-

16

Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)	Section C Notes to the accounts (cont)
Note 24 Cash at bank and in hand
			Thisyear	Lastyear
			£	£
Short term cash investments (less than 3 months maturity date)			-	-
Short term deposits			76,009	65,469
Cash at bank and on hand			12,736	43,946
Other			-	-
Total			88,745	109,415

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Section C Notes to the accounts (c	Section C Notes to the accounts (c	Section C Notes to the accounts (c	ont)	ont)	ont)	ont)	ont)	ont)
Note 27 Charity funds
27.1 Details of material funds held and movements during the CURRENT reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted in			come funds, including special trusts, of the charity; and U - unrestricted funds
Fund names	Type PE, EE R **or UR ***	Purpose and Restrictions	Fund balances brought forward	Income	Expenditure	Transfers	Gains and losses	Fund balances carried forward
			£	£	£	£	£	£
General Fund	UR	General Fund	109,348	228,422	-250,620	-	-	87,150
Wilkinson Hope Fund	UR	Designated fund to further the development of the skills of its members in all aspects of musical theatre production	1,555	-	-	-	-	1,555
			-	-	-	-	-	-
			-	-	-	-	-	-
Other funds	N/a	N/a	-	-	-	-	-	-
Total Funds			110,903	228,422	-250,620	-	-	88,705

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Section C Notes to the accounts (c	Section C Notes to the accounts (c	Section C Notes to the accounts (c	ont)	ont)	ont)	ont)	ont)	ont)
Note 27 Charity funds(cont)
27.2 Details of material funds held and movements during the PREVIOUS reporting period
Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted in			come funds, including special trusts, of the charity; and U - unrestricted funds
Fund names	Type PE, EE R **or UR ***	Purpose and Restrictions	Fund balances brought forward	Income	Expenditure	Transfers	Gains and losses	Fund balances carried forward
			£	£	£	£	£	£
General fund	UR	General Fund	119,165	108,766	- 118,583	-	-	109,348
Wilkinson Hope Fund	UR	Designated fund to further the development of the skills of its members in all aspects of musical theatre production	1,555	-	-	-	-	1,555
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
Other funds	N/a	N/a	-	-	-	-	-	-
Total Funds			120,720	108,766	-118,583	-	-	110,903

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Section C Notes to the accounts (cont)

----- Start of picture text -----
Note 28 Transactions with trustees and related parties
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such
transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there
are transactions to report.
28.1 Trustee remuneration and benefits
This year
None of the trustees have been paid any remuneration or received any other benefits from an employment FALSE
with their charity or a related entity (True or False)
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any
remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
Amounts paid or benefit value
Remuneration Pension Redundancy Other TOTAL
Name of trustee Legal authority (eg order, contribution (including
governing document) loss of
office)/ex
gratia
£ £ £ £ £
Jill Beckett Trustee resolution 2,250 - - - [ 2,250 ]
Christine Minott Trustee resolution 250 - - - [ 250 ]
- - - - -
- - - - -
Please give details of why remuneration or other employment
benefits were paid.
Where an ex gratia payment has been made to a trustee, provide
an explanation of the nature of the payment.
Last year
FALSE
None of the trustees have been paid any remuneration or received any other benefits from an employment
with their charity or a related entity (True or False)
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any
remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
----- End of picture text -----

				Amounts paid or benefit	Amounts paid or benefit	value
			Remuneration	Pension	Redundancy	Other	TOTAL
Name of trustee		Legal authority (eg order, governing document)		contribution	(including loss of office)/ex
					gratia
			£	£		£	£
Mark Harris		Trustee resolution	500	-	-	-	500
Jill Beckett		Trustee resolution	2,000	-	-	-	2,000
Christine Minott		Trustee resolution	250	-	-	-	250
							-
			-	-	-	-
Please give details of why remuneration or other employment
benefits were paid.
Where an ex gratia payment has been made to a trustee, provide
an explanation of the nature of the payment.

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

20

No trustee expenses have been incurred (True or False)	No trustee expenses have been incurred (True or False)	No trustee expenses have been incurred (True or False)	No trustee expenses have been incurred (True or False)			FALSE	FALSE
Type of expenses reimbursed				This year		Last year
				£		£
Travel				-		-
Subsistence				-		-
Accommodation				-		-
Other (please specify): Production costs				661		1,783
				-		-
TOTAL				661		1,783
Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity				5
28.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity i including where funds have been held as agent for related parties. If there are no provided.				n which a related party has a material interest, such transactions, please enter 'true' in the box
Thisyear
There have been no related party transactions in the reporting period (True or False)						FALSE
Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end		Amounts written off during reporting period
			£	£	£		£
Paul Minott	Spouse of trustee	Honorarium as Stage Manager	500
In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.
For any related party, please provide details of any guarantees given or received.
Lastyear
There have been no relatedparty transactions in the reporting period(True or False)						FALSE
Name of the trustee or related party	Relationship to charity	Description of the transaction(s)	Amount	Balance at period end	Provision for bad debts at period end		Amounts written off during reporting period
			£	£	£		£
Paul Minott	Spouse of trustee	Honorarium as Stage Manager	500
In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.
For any related party, please provide details of any guarantees given or received.

21